insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auTattoo artist draws up safety standard to tackle insurance issueshttps://www.insurancenews.com.au/daily/tattoo-artist-draws-up-safety-standard-to-tackle-insurance-issueshttps://www.insurancenews.com.au/daily/tattoo-artist-draws-up-safety-standard-to-tackle-insurance-issues<p>A tattooist has launched a new safety and compliance standard as his industry battles &ldquo;systemic insurance challenges&rdquo;...</p>Wed, 04 Feb 2026 05:04:17 GMTCapacity, claims trends keep commercial rates softhttps://www.insurancenews.com.au/daily/capacity-claims-trends-keep-commercial-rates-softhttps://www.insurancenews.com.au/daily/capacity-claims-trends-keep-commercial-rates-soft<p>Commercial cover prices in Australia dropped by up to 20% in the fourth quarter as conditions remained in buyers&rsquo; favour, Aon says in a global market update...</p>Wed, 04 Feb 2026 04:57:32 GMTAccommodation company wins covid cancellations rowhttps://www.insurancenews.com.au/daily/accommodation-company-wins-covid-cancellations-rowhttps://www.insurancenews.com.au/daily/accommodation-company-wins-covid-cancellations-row<p>A short-stay accommodation business has won a dispute over cover for trading losses following a Covid-19 outbreak...</p>Wed, 04 Feb 2026 04:56:26 GMTINsight podcast: summer fires turn up heat on affordabilityhttps://www.insurancenews.com.au/daily/insight-podcast-summer-fires-turn-up-heat-on-affordabilityhttps://www.insurancenews.com.au/daily/insight-podcast-summer-fires-turn-up-heat-on-affordability<p>The first natural catastrophe of the year is the hottest topic on the latest episode of the Insurance News podcast...</p>Wed, 04 Feb 2026 04:54:18 GMTPerils raises spring storm loss estimatehttps://www.insurancenews.com.au/daily/perils-raises-spring-storm-loss-estimatehttps://www.insurancenews.com.au/daily/perils-raises-spring-storm-loss-estimate<p>Insured losses from storms in Australia&rsquo;s east in October will reach $1.51 billion, Swiss catastrophe data company Perils estimates...</p>Tue, 03 Feb 2026 05:25:06 GMTRedacted report breaks down NZ affordability issuehttps://www.insurancenews.com.au/daily/redacted-report-breaks-down-nz-affordability-issuehttps://www.insurancenews.com.au/daily/redacted-report-breaks-down-nz-affordability-issue<p>New Zealand home premiums have risen at three times the pace of the consumer price index since 2011 and by more than 40% in the past two years, with properties subject to flooding and seismic risks drawing significantly higher increases, a Treasury report says...</p>Tue, 03 Feb 2026 05:22:18 GMTASIC deputy to step up after Longo leaveshttps://www.insurancenews.com.au/daily/asic-deputy-to-step-up-after-longo-leaveshttps://www.insurancenews.com.au/daily/asic-deputy-to-step-up-after-longo-leaves<p>Australian Securities and Investments Commission deputy chair Sarah Court will become chair when Joe Longo finishes his term at the end of May...</p>Tue, 03 Feb 2026 05:20:27 GMTAFCA backs insurer after chewing over termite damage claimhttps://www.insurancenews.com.au/daily/afca-backs-insurer-after-chewing-over-termite-damage-claimhttps://www.insurancenews.com.au/daily/afca-backs-insurer-after-chewing-over-termite-damage-claim<p>A homeowner who tried to link termite holes in his wall to a previous storm damage claim will not be covered after the complaints authority accepted long-term moisture issues led to the loss...</p>Tue, 03 Feb 2026 05:19:36 GMTRACT warns of TasInsure threat to taxpayershttps://www.insurancenews.com.au/local/ract-warns-of-tas-insure-threat-to-taxpayershttps://www.insurancenews.com.au/local/ract-warns-of-tas-insure-threat-to-taxpayers<p>RACT has urged the Tasmanian government to commit to &ldquo;deeper collaboration&rdquo; on premium affordability, to avoid budget risks from starting a state-owned insurance company...</p>Mon, 02 Feb 2026 03:56:55 GMTHomeowners ‘between insurance rock and climate hard place’https://www.insurancenews.com.au/local/homeowners-between-insurance-rock-and-climate-hard-placehttps://www.insurancenews.com.au/local/homeowners-between-insurance-rock-and-climate-hard-place<p>About one-fifth of homeowners are likely to consider going without insurance if extreme weather keeps pushing up the cost, a Climate Council survey shows...</p>Mon, 02 Feb 2026 03:56:48 GMTFlood restoration training centre opens doorshttps://www.insurancenews.com.au/local/flood-restoration-training-centre-opens-doorshttps://www.insurancenews.com.au/local/flood-restoration-training-centre-opens-doors<p>A flood clean-up training facility that replicates real-world residential and commercial building environments has been founded in Newcastle to drive consistency in restoration industry standards and improve outcomes...</p>Mon, 02 Feb 2026 03:56:33 GMTDeadline looms over Zurich-Beazley takeover tusslehttps://www.insurancenews.com.au/international/deadline-looms-over-zurich-beazley-takeover-tusslehttps://www.insurancenews.com.au/international/deadline-looms-over-zurich-beazley-takeover-tussle<p>Zurich must decide on its next step after London-listed specialty insurer Beazley rejected its latest buyout bid...</p>Mon, 02 Feb 2026 03:23:22 GMTInsurtechLIVE26 to feature Hollard founderhttps://www.insurancenews.com.au/insurtech/insurtech-live-26-to-feature-hollard-founderhttps://www.insurancenews.com.au/insurtech/insurtech-live-26-to-feature-hollard-founder<p>Hollard and PetSure Australia director Richard Enthoven will headline the InsurtechLIVE26 conference in Sydney on February 18...</p>Mon, 02 Feb 2026 02:30:10 GMTTravellers warned over UK and Ireland passport pitfallhttps://www.insurancenews.com.au/local/travellers-warned-over-uk-and-ireland-passport-pitfallhttps://www.insurancenews.com.au/local/travellers-warned-over-uk-and-ireland-passport-pitfall<p>New Zealand&rsquo;s insurance ombudsman has urged travellers who hold dual citizenship with the UK or Ireland to check their documentation, to avoid falling foul of new entry requirements...</p>Mon, 02 Feb 2026 02:20:55 GMTSenior executives meet bushfire victimshttps://www.insurancenews.com.au/local/senior-executives-meet-bushfire-victimshttps://www.insurancenews.com.au/local/senior-executives-meet-bushfire-victims<p>Suncorp CEO Steve Johnston has visited Harcourt in regional Victoria to meet families affected by the recent bushfires...</p>Mon, 02 Feb 2026 02:20:45 GMTICNZ says study reveals planning law flawshttps://www.insurancenews.com.au/local/icnz-says-study-reveals-planning-law-flawshttps://www.insurancenews.com.au/local/icnz-says-study-reveals-planning-law-flaws<p>A survey has revealed wide concern that New Zealand&rsquo;s flood protection measures and efforts to avoid building in high-risk areas are "falling short&rdquo;...</p>Mon, 02 Feb 2026 02:20:32 GMTUK reviews AI impacts on markethttps://www.insurancenews.com.au/international/uk-reviews-ai-impacts-on-markethttps://www.insurancenews.com.au/international/uk-reviews-ai-impacts-on-market<p>Britain&rsquo;s Financial Conduct Authority has launched a review into the implications of advanced AI on retail financial markets, consumers and regulators...</p>Mon, 02 Feb 2026 02:19:59 GMTAon exec to take over as AIG chiefhttps://www.insurancenews.com.au/international/aon-exec-to-take-over-as-aig-chiefhttps://www.insurancenews.com.au/international/aon-exec-to-take-over-as-aig-chief<p>AIG has recruited long-serving Aon executive Eric Andersen to be CEO, taking over from Peter Zaffino, who is also chair...</p>Mon, 02 Feb 2026 02:19:51 GMTMarsh holds firm amid ‘era of polycrises’https://www.insurancenews.com.au/international/marsh-holds-firm-amid-era-of-polycriseshttps://www.insurancenews.com.au/international/marsh-holds-firm-amid-era-of-polycrises<p>Marsh says it enjoyed another solid performance last year and is well placed despite lower interest rates and weaker pricing...</p>Mon, 02 Feb 2026 02:19:38 GMTNo levies, more levees: ICA presents case against TasInsurehttps://www.insurancenews.com.au/analysis/no-levies-more-levees-ica-presents-case-against-tas-insurehttps://www.insurancenews.com.au/analysis/no-levies-more-levees-ica-presents-case-against-tas-insure<p>Tasmania may not experience cyclones or the kind of flooding seen in mainland eastern Australia, but insurers point out that 98% of the state is bushfire-prone and setting up a government-owned retail insurer isn&rsquo;t the answer on affordability...</p>Mon, 02 Feb 2026 02:19:30 GMT